Quote from: dimastegar on Today at 12:06:20 AM

Quote from: BlackHatCoiner on August 12, 2020, 03:53:56 PM

Bitcoin can lose 500$ within one night. Gold can't. Why that?

Basically, Bitcoin and gold are assets that have something in common. But both are in different types of markets. Bitcoin is marketed online or what we often call an exchange. Now, on the exchanger, people are free to place orders as they wish and the balance they have. And the price of Bitcoin is volatile because each exchanger has a different number of interests and a number of traders. And because Bitcoin is digital, people sometimes tend to panic when negative news comes up, because there could be a chance that the price will go down during negative news.